= Homework: Ch 6 Homework A-Graded Question 8, SF6A-12 (similar to) HW Score: 56.61%, 54.91 of 97 points O Points: 0 of 10 Save The periodic inventory records of Synergy Prosthetics indicate the following for the month of October: 5 Click the icon to view the inventory records.) At October 31, Synergy counts ten units of inventory on hand. Compute ending merchandise inventory and cost of goods sold for Synergy using the LIFO inventory costing method. Data table LIFO Cost Ending Merchandise Inventory Cost of Goods Sold Oct. 1 Beginning merchandise inventory Oct. 8 Purchase 20 units @ $60 each 20 units @ $50 each 15 units @ $29 each 15 units @ $25 each Oct. 15 Purchase Oct. 26 Purchase Print Done Help me solve this Etext pages Get more help Media Clear all Check answer = Homework: Ch 6 Homework A - Graded Question 9, SF6A-13 (similar to) HW Score: 56.61%, 54.91 of 97 points O Points: 0 of 10 Save The periodic inventory records of Flexon Prosthetics indicate the following for the month of July: 5 Click the icon to view the inventory records.) At July 31, Flexon counts four units of inventory on hand. Compute ending merchandise inventory and cost of goods sold for Flexon using the weighted-average inventory costing method. Data table Weighted average Ending Merchandise Inventory Cost of Goods Sold Jul. 1 Beginning merchandise inventory Purchase Jul. 8 6 units @ $60 each 5 units @ $67 each 10 units @ $70 each 5 units @ $85 each Jul. 15 Purchase Jul. 26 Purchase Print Done Help me solve this Etext pages Get more help Media Clear all Check answer = Homework: Ch 6 Homework B - Graded Question 2, EF6-15 (similar to) Part 1 of 3 3 HW Score: 11.54%, 3 of 26 points X Points: 0 of 5 Save Zippy, a regional convenience store chain, maintains milk inventory by the gallon. The first month's milk purchases and sales at its Madison, Wisconsin, location follow: (Click the icon to view the purchases and sales.) Read the requirements. Requirement 1. Determine the amount that would be reported in ending merchandise inventory on July 15 using the FIFO inventory costing method. Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction. Once all of the transactions have been entered into the perpetual record, calculate the quantity and total cost of merchandise inventory purchased, sold, and on hand at the end of the period. (Enter all amounts to the nearest cent, $X.XX. Enter the oldest inventory layers first.) Purchases Cost of Goods Sold Unit Total Unit Total Inventory on Hand Unit Total Quantity Cost Cost Date Quantity Cost Cost Quantity Cost Cost 8 $ 1.90 $ 15.20 Jul. 2 6 2 $ 2.00 $ 4.00 8 3 2.00 6.00 13 1 $ 3.20 $ 3.20 Help me solve this Etext pages Get more help Clear all Check answer = Homework: Ch 6 Homework B - Graded Question 3, EF6-16 (similar to) 3 Part 1 of 14 HW Score: 11.54%, 3 of 26 points O Points: 0 of 5 O Save Golf Unlimited carries an inventory of putters and other golf clubs. The sales price of each putter is $119. Company records indicate the following for a particular line of Golf Unlimited's putters: (Click the icon to view the records.) Read the requirements. ... Requirement 1. Prepare a perpetual inventory record for the putters assuming Golf Unlimited uses the FIFO inventory costing method. Then identify the cost of ending inventory and cost of goods sold for the month. Start by entering the beginning inventory balances. Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction. Once all of the transactions have been entered into the perpetual record, calculate the quantity and total cost of inventory purchased, sold, and on hand at the end of the period. (Enter the oldest inventory layers first.) Purchases Unit Total Cost Cost of Goods Sold Unit Total Quantity Cost Cost Data table Inventory on Hand Unit Total Quantity Cost Cost 24 Date Quantity Cost Jun. 1 Date Item Quantity Unit Cost 24 $ 53 Jun. 1 Balance Jun. 6 Sale 20 Jun. 8 Purchase 30 70 Jun. 17 Sale 30 Jun. 30 Sale 2 Print Done Help me solve this Etext pages Get more help Clear all Check answer 100D